Subject category:
Entrepreneurship
Published by:
Stanford Business School
Version: 18 June 2004
Length: 11 pages
Data source: Field research
Abstract
The goal of this note is to provide entrepreneurs with an understanding of how to use market research and market information to test the validity of a business concept and to refine a business plan. It introduces the key questions entrepreneurs should consider, the techniques entrepreneurs could use to gather information to address those questions, and the practical considerations for collecting and interpreting data.
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Abstract
The goal of this note is to provide entrepreneurs with an understanding of how to use market research and market information to test the validity of a business concept and to refine a business plan. It introduces the key questions entrepreneurs should consider, the techniques entrepreneurs could use to gather information to address those questions, and the practical considerations for collecting and interpreting data.